Originally Posted by otc
What an odd thread.... Are you sure someone didn't take a bunch of posts from the english majors thread and do a find/replace? My opinion may be slanted due to where I received my degree ("best undergrad econ program in the world" by many sources although I am not really sure what that even means), but of my friends with econ degrees, I only know one who is sort of in government while the rest of them all of private sector positions right out of school.
And you think graduates from your undergrad university are somehow a representative sample? I hope you didn't study econ/statistics. Ignoring the obvious bias... Depends how you study Economics. Lots of people study economics because they want to be policy wonks - whether it be macro policy (fiscal/monetary) or micro policy like determinants of labour market outcomes. These guys usually end up in government. Then there are those (like me) who were good at math, but not good enough to be financial mathematicians. Deriving complex complex mathematical models can be a bit hit-or-miss, but I can understand them - and, more importantly, understand their implications on business decisions. Now hopefully I'll end up in the private sector somewhere. But ya. I wouldn't say "an economics degree is useless", but a BA in Economics isn't the most impressive degree you can have on a resume. So, unless you: - combine it with some serious math/stat training - focus on upper level theory/econometrics - get a graduate degree in Economics - study at a very prestigious school then you might struggle a bit. For what it's worth: we are currently presenting our MA Economics essays to the department. Half (7/14) are "Labour Economics" papers, looking at wage gaps between immigrants/native born, or men/women. Pretty sure there are 0 private sector jobs looking for people interested in studying wage gaps.